MassMutual, headquartered in Springfield, MA, announced that it would be donating $100,000 to assist in the relief efforts as a result of the tornadoes which struck Springfield and Western Massachusetts on June 1, 2011. MassMutual says that the donated funds along with funds the company will match from eligible employees and financial professionals will be […]
Insurers News | Massachusetts
The Hanover Introduces New Suite of Professional Liability Products
In response to the rise in error and omission claims prompting its clients to seek ever more protection against legal claims, The Hanover Insurance Company recently announced a new line of professional liability products designed to meet the specialized needs of over 30 professional services businesses. This new line gives Hanover’s agents the distinct advantage […]
Andover Companies Receive Negative Outlook from A.M. Best
A.M. Best Co. announced today its decision to downgrade the Andover Companies Pool and its members outlook from stable to negative and affirmed the issuer credit rating of “aa.” A.M. Best did not revise the financial strength rating of the companies, however, which remains at A+ (Superior). The outlook for the FSR is also stable. […]
Peerless Insurance has Big Plans for Small Commercial
Peerless Insurance announced today that it will be expanding its commercial appetite with the addition of more than 40 business classes to its Commercial Protector BOP product. “The expansion of our business classes will help our agents place a wider variety of small commercial accounts with Peerless Insurance,” said Carl Canales, vice president, Marketing. “This […]
Plymouth Rock Keeps Agents in the Loop with New Online Insurance Tool
Plymouth Rock Assurance, the Boston-based insurance company, has a new online interface system which will allow consumers to shop for auto insurance anytime and from anyplace. The system will deliver three different quotes to a consumer with different coverage levels and the ability to customize their coverage before purchasing a policy. Plymouth Rock’s new take on […]
